Healthcare and IT solutions provider Religare Technologies Ltd has acquired the healthcare business of Sobha Renaissance Information Technology Private Ltd.
Sobha Renaissance is a company promoted by the founder of Sobha Developers . The financial terms of the acquisition were not disclosed.
Sobha stock price
On November 26, 2015, at 14:43 hrs Sobha was quoting at Rs 302.00, down Rs 0.45, or 0.15 percent. The 52-week high of the share was Rs 536.00 and the 52-week low was Rs 244.20.
The company's trailing 12-month (TTM) EPS was at Rs 16.89 per share as per the quarter ended September 2015. The stock's price-to-earnings (P/E) ratio was 17.88. The latest book value of the company is Rs 239.21 per share. At current value, the price-to-book value of the company is 1.26.
READ MORE ON Healthcare, Religare Technologies, Sobha Renaissance, Sobha Renaissance Information Technology Private, Sobha Developers
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